Entrepreneur Secures Financing to Buy Winestyles Franchise

Borrowing money to invest in a Winestyles franchise? Banco Popular De Puerto Rico has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Winestyles franchise? If so, here's a 2007 SBA franchise loan that you should know about. Banco Popular De Puerto Rico was the lender and the entrepreneur was based in San Juan, .

SBA Loan Borrower

PAULITA DE JESS APONTE DBA WINE SEYLE
SAN JUAN, PR 00926

SBA Loan Lender

BANCO POPULAR DE PUERTO RICO
209 MUNOZ RIVERA AVE, POPULAR
SAN JUAN, PR 00918

This lender provides SBA debt financing as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

445310 - Beer, Wine, and Liquor Stores

Loan Approval Date

6/5/2007

Loan Approval Gross Amount

$358,300

Loan Approval from the SBA

Of the total $358,300 loan amount, the SBA guaranteed $268,725.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Winestyles franchise. At the time of the loan, the company had no employees. This SBA loan request indicated that the loan would help generate 8 new jobs and retain 8 existing jobs.

Getting an SBA Loan For Your Business

If you are raising money in San Juan PR, you ought to talk with a local San Juan SBA lender or talk with an out-of-area SBA lender that has previously loaned money to San Juan businesses.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.

Related Links:

WineStyles Inc.

Obtaining Funding - Friends and Family